AMF, Gecamines continue partnership
The presence of Laurent Kabila’s forces has brought stability to this mineral-rich portion of Central Africa. It also has brought hope that better days are ahead for an economically devastated nation …
News
STOCK MARKETS — Little stirs on TSE as golds retreat to lower levels — Broad market fractionally higher, base metals slide marginally
The Toronto Stock Exchange traded in a narrow range throughout the report period ended May 20, finishing only a fraction higher than in the previous week. The TSE 300 composite index, now firmly back …
PEOPLE — RAINDROP RES.
A. Howe appointed director.
PEOPLE — PROCOLORO RES.
Raymond Savoie appointed director and Pierre-Jean Lafleur appointed vice-president of exploration.
LETTER TO THE EDITOR — Geological creativity
I had hoped that the Bre-X Minerals debacle would prove once and for all that the world’s largest gold deposit, wherever it may be, could only have been created by natural geological processes.Move ov…
DIAMOND PAGE — Ashton pulls diamonds from property in Alberta
Ashton Mining of Canada (ACA-T) has released results of diamond analyses from four additional kimberlite pipe-like bodies drilled earlier this year in the Buffalo Hills area of north-Central Alberta.T…
DIAMOND PAGE — Ashton to drill Mountain Ash
A drill program by Australian-based Ashton Mining will test the Mountain Ash diamond project in South Africa.The project is a joint venture held 51% by Ashton and 49% by Mountain Lake Resources (MOA-V…
MOST ACTIVE ISSUES, May 14-20
Exchg.Vol(000s)ClosePure Gld ResT167460.35Ashtn Mng CdaT…
St Andrew finds more gold at Stock
Drilling at the former Stock gold mine in the Matheson area of northwestern Ontario continues to provide encouraging results for St Andrew Goldfields (SAS-T).Stepout hole 7 intersected a narrow, high-…
Buchans River buys Okak interest
In exchange for 700,000 shares and 350,000 warrants, Buchans River (BUV-A) will acquire a 15% net carried interest in the Okak property from Castle Rock Exploration (CTP-V). Previous work on the Labra…
ODDS ‘N’ SODS/A.E. ALPINE — Blue Quartz reverie
Following the Porcupine gold strike in Ontario in 1911-12, prospectors staked claims all along the Destor-Porcupine fault line in the province’s north.Two prospectors working on a narrow quartz vein n…
Illinois Creek enters preproduction
Dakota Mining (DKT-X) is preparing for an early-June startup at its Illinois Creek gold mine in central Alaska.The company recently mobilized a construction team to the site and will soon begin thawin…